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The White House's $1B+ attempt to build an industry of companies that make batteries for...

May 31, 2012 7:48 AM ETA123 Systems, Inc. (AONEQ) StockJCI, HEV, AONEQBy: Yigal Grayeff, SA News Editor21 Comments
The White House's $1B+ attempt to build an industry of companies that make batteries for electric vehicles is going flat. Firms have few clients and operate well below capacity, and their futures are in doubt. A major problem is that the government gave grants that were linked to production timetables which weren't tied to demand.

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